Governance Now Masterminds

Yet another bank fraud

Bank fraud case registered against RP Infosystems

GN Bureau | February 28, 2018


#Mehul Choksi   #Nirav Modi   #PNB fraud   #RP Infosystems   #Bank fraud   #PNB scam  
Yet another bank fraud
Yet another bank fraud

Just days after the sensational Nirav Modi-Mehul Choksi episode, yet another bank fraud has come to light. A case has been registered against RP Infosystems and its directors in an alleged bank fraud worth Rs 515.15 crore.

 
The case was registered by the CBI on Wednesday, a day when Karti Chidambaram, son of former finance minister P Chidambaram, was arrested in the INX Media case.
 
“CBI registers case of bank fraud worth Rs 515.15 crore against RP Infosystem…,” Times Now tweeted.
 
RP Infosystems manufactures personal computers and is based in Kolkata.
 
Just a couple of days back, Gurpal Singh, son-in-law of Punjab chief minister Captain Amarinder Singh, was among the top officials of Simbhaoli Sugars Ltd who were booked for alleged bank loan fraud of Rs 97.85 crore and default of Rs 110 crore.

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